Cedar Point Capital Partners LLC Purchases Shares of 75,329 Capital Group International Focus Equity ETF $CGXU

Cedar Point Capital Partners LLC purchased a new stake in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 75,329 shares of the company’s stock, valued at approximately $2,226,000. Capital Group International Focus Equity ETF comprises approximately 1.4% of Cedar Point Capital Partners LLC’s investment portfolio, making the stock its 19th biggest position.

Other hedge funds also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its holdings in Capital Group International Focus Equity ETF by 7.2% in the third quarter. EverSource Wealth Advisors LLC now owns 511,251 shares of the company’s stock valued at $15,143,000 after purchasing an additional 34,466 shares during the last quarter. Armstrong Fleming & Moore Inc boosted its holdings in Capital Group International Focus Equity ETF by 2.7% in the fourth quarter. Armstrong Fleming & Moore Inc now owns 779,611 shares of the company’s stock valued at $23,038,000 after purchasing an additional 20,588 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in Capital Group International Focus Equity ETF by 24.4% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 617,695 shares of the company’s stock valued at $18,253,000 after purchasing an additional 120,978 shares during the last quarter. Assetmark Inc. boosted its holdings in Capital Group International Focus Equity ETF by 157.6% in the fourth quarter. Assetmark Inc. now owns 49,244 shares of the company’s stock valued at $1,455,000 after purchasing an additional 30,131 shares during the last quarter. Finally, HUB Investment Partners LLC boosted its stake in shares of Capital Group International Focus Equity ETF by 11.5% during the 3rd quarter. HUB Investment Partners LLC now owns 256,160 shares of the company’s stock worth $7,587,000 after acquiring an additional 26,485 shares in the last quarter.

Capital Group International Focus Equity ETF Stock Down 1.7%

CGXU stock opened at $33.15 on Thursday. The company’s 50-day simple moving average is $32.64 and its 200-day simple moving average is $31.30. Capital Group International Focus Equity ETF has a 52-week low of $26.08 and a 52-week high of $35.87. The firm has a market cap of $5.74 billion, a P/E ratio of 17.44 and a beta of 0.95.

About Capital Group International Focus Equity ETF

The Capital Group International Focus Equity ETF (CGXU) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in stocks of non-US companies that the adviser believes have high growth potential. CGXU was launched on Feb 22, 2022 and is managed by Capital Group.